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Defaulted Student Loans: Guaranty Agencies' Collection Practices and Procedures

HRD-86-114BR Published: Jul 17, 1986. Publicly Released: Jul 17, 1986.
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Highlights

Pursuant to a congressional request, GAO reviewed the methods used by the Department of Education and state or nonprofit loan guaranty agencies to collect defaulted student loans.

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Topics

Education
Collection proceduresGovernment collectionsGovernment guaranteed loansHigher educationLoan defaultsOffsetting collectionsStudent loansWage garnishmentsLitigationStudent loan default